JOB DESCRIPTION
Role : Fraud Investigations Manager (UAE National)
Location : Abu Dhabi
Role Purpose:Plan, lead and participate in fraud investigations in line with the Fraud Investigation Policy & Procedure, under the guidance of the Head of Fraud Investigations.
Key Accountabilities of the role - Lead and participate in Fraud Investigations and Examinations in line with Fraud Investigation Policy & Procedure, ACFE Code of Ethics and IIA International Standards for professional practice of Internal Auditing.
- Lead and participate in investigation of suspected fraud incidents to determine the occurrence of fraud, its exposure, root causes, parties involved (both internal & external) and provide appropriate recommendations to respective stakeholders.
- Assist Head of Fraud Investigations in conducting fraud & misconduct investigations, special reviews and in building a strong Anti-fraud culture within ADIB.
- Assist in maintaining an up-to-date Fraud Investigation Policy & Procedure which guides the investigation process.
- Identify and discuss the control issues identified during the course of investigations with the respective stakeholders.
- Coordinate with HR, Business Line, Legal, Operations & Technology, Risk Management, Compliance and Corporate Governance, etc. to communicate and obtain requisite information to facilitate investigation process.
- Draft investigation findings summarizing the results of fraud examination work in line with the Fraud Investigation Policy & Procedure and submit to Head of Fraud Investigations.
- Perform peer quality review on the investigation findings draft reports issued by the respective investigators for final review by Head of Fraud Investigations.
- Responsible for investigation working paper documenting evidences supporting the investigation conclusion and legal process.
- Responsible for follow-up and monitoring of investigation recommendations and corrective action plan implementation by management.
- Overseeing and follow-up on the actions proposed by the FID team and escalate as necessary (overdue, rejected, work-in-progress, etc.)
- Participate in special assignments and consultancy services pertaining to Fraud Investigations Department as directed.
- Support GORM to undertake Special Reviews and Consultancy services.
- Perform additional tasks as assigned by Head of Fraud Investigations and GORM/GRM Management.
- Assist Head of Fraud Investigations and Head of Fraud Risk Management in implementing a robust Antifraud framework andcreating an Antifraud culture
- Provide input for the revision of investigation approach to achieve specific objectives in more effective/efficient manner.
- Keep informed about improvements and current developments in banking environment, and in fraud examination and investigation standards, procedures, and techniques.
- Represent Fraud Investigations Department in committees such as Fraud Risk Management Committee, Operational Risk Provisioning Committee, etc., as deemed required by Head of FID.
Specialist Skills / Technical Knowledge Required for this role:- Bachelor's degree in Business Administration, Economics, Accounting or Finance from a recognized institution. Certification such as CFE (Certified Fraud Examiner), CFCI (Certified Financial Crime Investigator) and CIA (certified Internal Auditor) will be an added advantage.
- Minimum 9-10 years experience in Fraud Investigations in financial service industry, extensive knowledge in fraud examination, fraud management, internal control, risk management and corporate governance processes.
- High degree of analytical, reasoning/judgmental skills. excellent communication (writing & verbal) skills, good leadership skills, PC literate.
- This role is open for UAE National candidates ONLY.